DeFi

DeFi, short for decentralized finance, represents a shift in the financial sector by leveraging blockchain technology, primarily Ethereum, to eliminate traditional financial intermediaries. It enables various financial applications, from simple transactions to complex contracts, through smart contracts that execute automatically under specific conditions. Key DeFi applications include decentralized exchanges (DEXs), stablecoins, lending platforms, and prediction markets. DeFi offers financial services like loans and interest-earning opportunities without traditional identity verification, relying instead on collateral, usually in cryptocurrency. This innovative sector promises increased accessibility and efficiency but comes with risks, such as market volatility and unregulated projects.


Vidéos

NEAR Surges Over 20% Following Terra UST Integration

Tokens of Near (NEAR) jumped 23% to $10.80 Wednesday following Terra’s announcement UST stablecoins will be supported on the network. “The Hash” panel discusses where this recent update places Near in the competition against other proof-of-stake chains like Avalanche, Solana, and Terra. Plus, the potential significance of having stablecoins on multiple networks as a tool for scaling DeFi.

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Vidéos

Terra Surpasses Binance Smart Chain as Second-Largest DeFi Protocol

Amidst Terraform Labs' ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), its decentralized payments network Terra has officially become the second-largest DeFi protocol behind Ethereum. “The Hash” team discusses what separates Terra from its competitors like Solana and Avalanche. Plus, examining the SEC’s ability to regulate overseas companies. 

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Vidéos

BTC, ETH Down Amid Rising Omicron Fears

As 2021 comes to a close, Strategic Funds Managing Director Marc Lopresti discusses his take on the current decline of the crypto markets, while still taking note of the overall year-end growth of digital assets.

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Vidéos

Chainalysis: DeFi ‘Rug Pull’ Scams Pulled in $2.8B This Year

Crypto investors in 2021 lost over $2.8 billion to “rug pulls,” a colloquial term for a type of crypto scam, according to Chainalysis. This year, the rise in scams reportedly mirrored a general rise in cryptocurrency prices. “The Hash” panel discusses the latest story highlighting the growth and risks of DeFi.

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Analyses

O ciclo de vida de um DAO: por dentro de um fenômeno cultural

Para refletir sobre as práticas culturais e a evolução de uma DAO, apresentamos um experimento mental sobre a vida de uma DAO, do nascimento à morte e à ressurreição.

(Mark Garlick/Science Photo Library/Getty Images)

Vidéos

Could India Ban Private Cryptocurrencies?

India’s biggest crypto exchange WazirX registered an annual trading volume of over $43 billion, marking a 1,735% growth over 2020, despite lingering regulatory uncertainty and market volatility in the country.

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Vidéos

Sen. Elizabeth Warren Taking Aim at Stablecoins, DeFi During Senate Banking Committee Hearing

“The Hash” panel reacts to Sen. Elizabeth Warren (D-Mass.) criticizing stablecoins and decentralized finance (DeFi) in a Tuesday hearing with the Senate Banking Committee. Are stablecoins truly the lifeblood of DeFi, as Warren suggests, and without them, would open finance collapse as we know it?

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Vidéos

Bank of America: Avalanche’s Scaling Capability Offers Viable Alternative to Ethereum

In its latest research report, Bank of America said smart contract platform Avalanche's ability to scale while remaining secure and decentralized makes it a credible alternative to Ethereum for DeFi projects, NFTs, gaming, and other assets. This comes as Avalanche's AVAX token is now the 12th largest by market value. "The Hash" hosts discuss the outlook for Avalanche and whether it could be the next Wall Street chain.

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Crypto Traders Laying Low While Fed Ponders

The crypto market extended its losses Wednesday as investors closely monitor the Fed's upcoming decision on raising interest rates next year. Edan Yago, lead contributor at bitcoin-focused DeFi platform Sovryn, discusses his view of bitcoin and DeFi. "The big picture of bitcoin hasn't changed," Yago said. "Inflation is still necessary to continue ... [but] there's been something of a pullback as the market waits to see what's happening."

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Vidéos

Crypto Fall Continues, Is DeFi Really Decentralized?

Animoca Brands and Bored Ape Yacht Club join forces for blockchain game. Crypto market’s downward trend continues. Just how decentralized is DeFI? We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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